Episode 8 - Things That Can Hurt Your Retirement
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- Опубліковано 10 вер 2024
- Last week, we looked at some ways to make our retirement a success. Today, we'll go over a few ways, that if we're not careful, can wreck our retirement. Don't let these pitfalls of retirement ruin what you've worked so hard for.
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I've been lucky with my jobs in that they have pension plans. Unfortunately, I made a horrible decision when changing jobs about 5 years ago and I cashed out my pension. Horrible decision. I just finished paying off the tax debt from that decision. Never cash out a pension early - no matter how enticing you may find that lump of cash and how well you think you'll manage it.
Also, a boat is absolutely on my retirement purchase plan 🤣 I may have to rethink that. Another great episode.